Nigeria’s non-oil income generated N2.9 trillion in VAT & CIT in 2020
Nigeria generated a total sum of N2.9 trillion revenue from VAT & CIT of non-oil income together in 2020. This number is up by 10% …
Category: Finance in Africa
FG Nigeria To Give $18 Million To State Government Who Publish Budget
The Nigerian state government have been told to by the budget office of the federation to publish their 2021 annual budget if they want to …
FG Commences Final Verification of Ex-Nigeria Airways Workers
Final Verification of Ex-Nigeria Airways Workers Begins The federal government of Nigeria has announced the commencement of the final verification exercise of Nigeria Airways workers …
Taxing Technology Companies – Facebook, Google, Netflix, Amazon Could Be Subject To 30% Taxes In Nigeria – FIRS
Nigeria must find a solution to taxing technology companies and stop the illicit financial outflow of the estimated 50 – 60 billion US dollars yearly. …
Rapid Response Register For COVID-19 Cash Transfer
Federal Ministry of Humanitarian Affairs has launched Covid-19 Rapid Response Register to transfer cash to poor households who saw the worst effects of the economic …
Three Supermajors Sell 45% Stake In Oil Licence OML 17 To Heirs Holdings
In proof of its integrated energy strategy, Heirs Holdings has established a new position in oil and gas with the acquisition of 45% participating interest …
FG’s Plan To Address Revenue Leakages And Monitoring 2021 Budget Implementation
Nigeria’s 2021 budget outlines a deficit of N5.60 trillion, which reflects as 3.93% of the Gross Domestic Product, GDP. The FG has established that the …
CBN Rules On QR Code Payments And Services In Nigeria
Institutions that have deployed Quick Response (QR) Code payments in Nigeria have received a primary guideline by the Central Bank of Nigeria, CBN, on safety …
Stock Market, Other Investment Options In Nigeria In 2021
It is often best to initiate investment pans with a low risk investment experts say. Having made a decision to invest in 2021 and scouting …
SPW Nigeria: Unskilled Workers To Earn N20, 000 Monthly From The Special Public Works
Beginning from January 5 – April 4, 2021 beneficiaries from 774 local government areas in Nigeria will receive 20, 000 each under the general Special …